Mon, 10 Oct 2022 09:38:42 GMT
Gold trades below 1,700.00
The better than expected US employment data has caused a surge of the US Dollar, which has resulted in a decline of commodity prices. By 09:00 GMT on Monday, the price for gold had reached the 1,680.00 level and the 1,685.00 level together with the 200-hour SMA were acting as resistance.
An extension of the ongoing decline of gold could find